HOOVER PRESIDENTIAL FOUNDATION
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2024
$5,673,689
Contributions
79%
Investments
12%
Other
7%
Membership Dues
1%
Program Services
<1%
Government Grants
0%
Fundraising Events
0%
Expenses in 2024
$2,954,664
Other
63%
Salaries & Benefits
27%
Fees to Service Providers
3%
Grants
2%
Offices, Occupancy & IT
2%
Depreciation
1%
Advertising & Promotion
1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,722,028
$4,473,232
+64%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$75,551
$43,480
-42%
Membership Dues
$75,541
$60,576
-20%
Investments
$481,743
$700,533
+45%
Other
$71,215
$395,868
+456%
Total Revenues
$3,426,078
$5,673,689
+66%
Expenses
2023
2024
Change
Grants
$73,223
$65,000
-11%
Benefits to Members
$0
$0
-
Salaries & Benefits
$923,158
$796,124
-14%
Fees to Service Providers
$268,974
$85,546
-68%
Advertising & Promotion
$33,648
$32,937
-2%
Offices, Occupancy & IT
$97,761
$63,526
-35%
Interest
$0
$0
-
Depreciation
$33,790
$36,887
+9%
Other
$604,586
$1,874,644
+210%
Total Expenses
$2,035,140
$2,954,664
+45%
Net income
2023
2024
Change
Net income
+$1,390,938
+$2,719,025
+95%
Functional Expenses
Summary
2023
2024
Change
Program
$1,070,881
$2,007,222
+87%
Admin
$799,985
$780,876
-2%
Fundraising
$164,274
$166,566
+1%
Total Expenses
$2,035,140
$2,954,664
+45%
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